RE:RE:RE:RE:RE:RE:ShortingFrom my research, that is true davewho, problem being you likely do not own the shares outright. IF they are in street name(and I bet you a dollar they are), then you do not own them, you just own the rights to them, and they technically belong to street name, so TD can do whatever they wish with their shares.
This is just what I have found, and it is why, in Canada, to my knowledge, we are unable to get paid as individuals for renting out our shares for shorting, as has been available elsewhere(to my knowledge).
From what I understand, the ide was flirted with until the borkerages realized that they could make all of the money lending shares on margin.
Cheers!
davewho wrote: I asked TD some years ago what their policy was. Basically they said if you own the shares outright they will not lend them to shorts. But if you have margin owing on your account they say they own the shares so will lend them out as they see fit. And they don't differientiate between all the shares in your account. Now that was some years ago so may have changed since. You would have to ask your brokerage what their policy is. Yes they make a lot of $ lending shares.